Bricks 4 Kidz franchise financing options

Overall costs for Bricks 4 Kidz run anywhere from $13,425 to $63,875. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2022 from Franchise Direct and include opening fees and expenses only. The location you choose for your Bricks 4 Kidz franchise may result in higher or lower fees.

Franchise fees

Bricks 4 Kidz franchise fees total around $30,000, which beats out the $37,000 average for the 200 largest franchises nationwide.

Franchise	Cost
Franchise fee	$10,000 to $50,000
Estimated total	$10,000 to $50,000

Equipment fees

Equipment fees total $1,000 for Bricks 4 Kidz. This is less than the $180,023 average for the top 200 franchises.

Equipment	Cost
Computer system	$500 to $1,500
Estimated total	$500 to $1,500

Training fees

Bricks 4 Kidz initial training costs total $1,250, which comes in under the nationwide average of $9,788.

Training	Cost
Training expenses, out-of-pocket for two people	$500 to $2,000
Estimated total	$500 to $2,000

Inventory costs

Initial inventory for Bricks 4 Kidz shakes out to $1,100. This is less than the nationwide average of $53,119.

Inventory	Cost
Products and supplies	$200 to $2,000
Estimated total	$200 to $2,000

Marketing costs

Advertisement and marketing costs total up to $3,250 for Bricks 4 Kidz, beating out the nationwide average of $9,938.

Marketing	Cost
Grand opening advertising	$1,000 to $5,000
Marketing materials	$0 to $500
Local advertising	Up to 3% of the businessu2019 gross sales (currently, 2%).
Estimated total	$1,000 to $5,500

Licenses and permits costs

Bricks 4 Kidz initial licenses and permits will set you back $125. This comes out to less than $18,770 — the overall nationwide average.

Licenses and permits	Cost
Business license and permits	$50 to $200
Estimated total	$50 to $200

Administrative fees

Bricks 4 Kidz administrative fees total up to $675 — which comes in under the overall nationwide average of $6,761.

Admin	Cost
Software fees	$250 to $250
Technology fees	$225 to $225
Office and printing supplies	$200 to $200
Costs and attorneys' fees	Will vary under the circumstances.
Estimated total	$675 to $675

Other expenses

Miscellaneous expenses for Bricks 4 Kidz total $1,250 — less than the nationwide average of $69,970.

Other	Cost
Professional fees	$500 to $2,000
Estimated total	$500 to $2,000

All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2022.

How to finance

The average cost to open one of the 200 biggest franchises in the US — $385,369 — is well over the estimated total initial costs for $38,650. Securing funds will likely be easier at lower amounts, just follow these steps:

1. Review the financial requirements on the Bricks 4 Kidz franchising website.
2. Compare banks, online lenders and business credit cards and determine which financing type best suits your needs.
3. Once you settle on a financing type, compare lenders based on credit history requirements, amounts offered and interest rates.
4. Gather all required documents and apply online or in person.

What types of financing is available?

Consider one of the following options for covering a portion of the costs to open a Bricks 4 Kidz.

• Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
• Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
• Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
• SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.

Also check if Bricks 4 Kidz franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $13,425. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.

How Bricks 4 Kidz stacks up

Compare how Bricks 4 Kidz holds up against two similarly sized franchises.

	My Gym	Bricks 4 Kidz	Proforma
Average Franchise fees	$25,000	$30,000	$34,500
Average Equipment fees	$54,875	$1,000	$3,850
Average Real estate fees	$49,000	NA	$2,650
Average Training fees	$1,000	$1,250	$1,500
Average Inventory fees	$3,000	$1,100	NA
Average Marketing fees	$10,250	$3,250	$4,500
Average Licenses and permits fees	NA	$125	NA
Average Insurance fees	$2,125	NA	NA
Average Admin fees	NA	$675	$115
Average Personnel fees	NA	NA	NA
Average Other fees	$10,000	$1,250	$4,500

Bottom line

Bricks 4 Kidz franchise costs run a total of $38,650. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.